Agricultural News: the auction turnover rate of stored rice is 5.47%.

With the approval of the relevant state departments, the National temporary Storage Rice auction Fair held on June 16 planned to sell 1756736 tons of rice, with an actual turnover of 96166 tons, with a transaction rate of 5.47%. Among them, early indica rice plans to sell 494759 tons in 2013, all of which are sold; in 2013, middle and late indica rice plans to sell 1008559 tons, the actual transaction rate is 2206 tons, the transaction rate is 0.22%, and the average transaction price is 2711 yuan / ton. In 2014, middle and late indica rice plans to sell 253418 tons, with an actual transaction of 93960 tons, with a transaction rate of 37.08%, with an average transaction price of 2815 yuan per ton.

Australia cut rapeseed export forecast Australia cut rapeseed export forecast to a five-year low, saying the yield outlook fell and raised rapeseed price expectations, but soybean prices are expected to weaken. The Australian Bureau of Agricultural Resources and Economics cut Australia's rapeseed export forecast for 2015 by 11.3% to 2.18 million tons. It will be the worst export performance since 2010 and the third consecutive year of decline since the record high of 3.49 million tonnes hit in 2012.